With interest rates remaining at an all time low of 0.5% and with this unlikely to change until 2016, when it is predicted that unemployment rates will fall below 7%, securing a mortgage and buying a property, really is a tempting proposition. However affordability is the biggest factor for buyers to consider, with this investment […]

Housing affordability in the UK has become an issue. With high property prices, a low supply of affordable housing particularly in certain areas and an increase in the average age of first-time buyers the UK Government has launched an equity-share scheme called Help To Buy in order to try and rectify the issue. The first […]

As a nation, we generally take great pride in our homes. And over recent years there has been much speculation on the housing market and property prices. During the early years of the new millennium, house prices in the UK rose dramatically, creating a housing boom. House prices continued to rise rapidly until they reached […]

During the last two weeks, we have released Part 1 and Part 2 of our step-by-step guide to house-buying and have looked at the following topics: Organising your finances Finding your perfect home Making an offer, and Getting a survey. This week, as shown below, we release the third and final installment of our house-buying […]

Last week, we released Part 1 of our step-by-step guide to house-buying and looked at the topics of: Organising your finances, and Finding your perfect home You will find the second installment below. Part 2 of the House-Buying Guide 3. Make an offer on your next home Once you discover the property that you want to […]

There are many steps to be taken when completing the house-buying process, some of which we have already touched upon with our previous blog posts such as: The Mortgage Application Process Questions to ask at your Mortgage Advisor meeting. The whole house-buying process can be quite daunting, especially if you are a first time buyer. […]

The aim of this blog post is to continue sharing information about the mortgage application process and what happens once you’ve met with one of our Mortgage Advisors for the first time. Take a look at our previous blog post for further information. Researching the mortgage market Once the initial meeting with one of our […]

So, you’ve had your first mortgage advice meeting with one of our mortgage advisors. You’ve provided all of the documentation that was needed and our mortgage advisor has answered all of your questions. During this initial mortgage advice meeting you will also have discussed some and / or all of the following that relate directly […]

What is a mortgage? Let’s start with a dictionary definition of a mortgage: “an agreement under which a person borrows money to buy property, esp a house” [Taken from the Collins English Dictionary] In effect, a mortgage is a sum of money that we borrow in order to buy a home. It enables us to […]

Buying your first home is a very exciting time, especially if you live at home with your parents, or if you flat share with friends and you are starting to crave your independence and a space that you can call your own. Deciding to purchase your own home is also a very anxious time as […]